WASHINGTON, D.C. — Last March, President Trump tapped Stephen Moore, a self-described “radical” who’s not a “big believer in democracy,”to serve a 14-year term overseeing the nation’s monetary policy on the Federal Reserve Board of Governors. Moore made a name for himself as a conservative commentator and frequent cable news guest who pushes fringe right-wing ideas like dismantling Social Security because in his words: “We’ve probably gone too far in providing a safety net for the elderly.” Moore’s troubling history of trafficking in misogyny and sexism has also come to public light in recent days. The question is: will Senator Susan Collins (R-ME) allow those views to be represented on the Fed where Moore would have influence over decisions that impact millions of Americans?

“Given Stephen Moore’s history of degrading women, dissing democracy, and disparaging the elderly, what more does Senator Collins need to know to conclude Moore does not belong at the Fed?”said Jeremy Funk, spokesman for consumer watchdog group Allied Progress. “Moore has been on the Washington scene for decades and what he stands for is no mystery. We’re talking about someone who egged on a roomful of kids to burn their Social Security cards and thinks seniors who depend on Social Security are living too high on the hog. If Senator Collins needs more time to decide whether Moore is a rational choice for a fourteen-year appointment to the Fed, it’s time to question her own judgement. Or if it’s just her usual drill of pretending to have concerns only to fall in line with President Trump, she ought not waste anyone’s time – again – and be honest about it.”

BACKGROUND: If Senator Collins Plans to Rubber-Stamp Moore for the Fed, Does She Agree With Some, Most or All Moore’s Extreme Views?:

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Allied Progress is a consumer watchdog organization that uses hard-hitting research and creative campaigns to stand up to corporate special interests and hold their allies in Congress and the White House accountable.